The term domain name means any alphanumeric designation which is registered with or assigned by any domain name registrar, domain name registry, or other domain name registration authority as part of an electronic address on the Internet. (15 USCS § 1127)
The Mississippi Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a legal contract that establishes a partnership between a domain site owner and a broker for the purpose of selling the domain site. This agreement provides exclusive rights to the broker, ensuring they have sole authority to market and represent the domain site in the Mississippi market. Keywords: Mississippi, Listing Agreement, Broker, Sell, Internet Domain Site, Exclusive Listing In Mississippi, there are two main types of Listing Agreements with a Broker to Sell Internet Domain Sites — Exclusive Listing: 1. Exclusive Right to Sell Listing Agreement: This type of agreement grants the broker exclusive rights to represent and sell the internet domain site on behalf of the owner in Mississippi. It means that no other brokers or individuals can market or sell the domain site during the contract period. The broker earns a commission only if they successfully sell the domain site. 2. Exclusive Agency Listing Agreement: In this type of agreement, the broker has exclusive rights to represent and market the internet domain site, but the owner retains the right to sell the domain site by their own efforts. If the owner finds a buyer without the broker's assistance, no commission is owed to the broker. However, if the broker is instrumental in bringing a buyer, they are entitled to a commission. The Mississippi Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing typically includes the following key provisions: 1. Identification of Parties: The agreement clearly identifies the domain site owner (referred to as the "Principal") and the broker who will represent the owner (referred to as the "Broker"). 2. Term of Agreement: Specifies the duration of the agreement, usually a specific number of months. 3. Exclusive Rights and Obligations: Explicitly grants exclusive rights to the broker to market, advertise, and represent the domain site for sale during the agreement's term. Also, outlines the owner's obligation to cooperate with the broker's efforts. 4. Listing Price and Commission: Specifies the listing price set by the owner for the domain site and the commission or fee structure the broker is entitled to upon a successful sale. 5. Marketing and Advertising: Describes the broker's responsibility to promote the domain site through various channels, highlighting their expertise in internet domain site sales. 6. Terms of Termination: Outlines the conditions under which either party can terminate the agreement, such as by mutual consent or breach of contractual obligations. 7. Legal Disputes: Includes provisions for resolving any legal disputes that may arise between the owner and the broker during the term of the agreement, such as arbitration or mediation. It is important for both the domain site owner and the broker to carefully review and understand all the terms and conditions before entering into a Mississippi Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing to ensure a fair and successful partnership.
